Skip to: [ search ] [ menus ] [ content ] Select style [ Aqua ] [ Citrus ] [ Fire ] [ Orange ] [ show/hide more content ]



Inflation at 5.6%

The annual rate of inflation in the U.S. is now 5.6%, after an increase in July. A “small business” article from CNN states that this is the highest level of inflation in 17 years.

The rate now compares with the (national) 5.7% unemployment rate reported last week.

The Consumer Price Index (monthly basis) moved to 0.8% in July, twice the increase that economists were expecting. Practitioners of “The Dismal Science” had better dust off their computer models. Their performance recently has also been dismal, including the failure to predict the increase in unemployment.

If you have the stomach for it, see the first CNN article for the “blow by blow.”

-Bill at Cheshire Cat Photo™

You can view higher-resolution photos (*generally* 7-30 megabytes, compressed) at the Cheshire Cat Photo™ Pro Gallery on Shutterfly™, where you can also order prints and gifts decorated with the photos of your choice from the gallery. Apparel and other gifts decorated with some of our most popular photos can be ordered from the Cheshire Cat Photo™ Store on CafePress®. Both Shutterfly™ and CafePress® ship to most international locations worldwide! If you don’t see what you want or would like to receive an email when new photos are up on the site, send us an email at info@cheshirecatphoto.com.

No Comments to “Inflation at 5.6%”

  (RSS feed for these comments)

You must be logged in to post a comment.


InspectorWordpress has prevented 52098 attacks.
Get Adobe Flash player